The Industrial Giant Reborn

Chapter 285 Take down HK Electric

After a while, the security manager trotted over and said, "I'm sorry, Mr. Chen, those reporters ran away and we couldn't catch up."

"Do you know which newspaper's reporter it is?" Diss beside Shen Bi asked with a frown. It is not a big deal for people from HSBC to meet with Chen Zhiwen, but now HSBC is being forced to give up supporting Hong Kong Electric. If this is announced, it will not be called a "heroic traitor"!

"I don't know, our people don't know these people." The security manager was so frightened that his legs trembled.

"Let's go, don't worry about it." Shen Bi said after a moment of silence.

"Then I won't give it away, Mr. Shen Bi." Chen Zhiwen said with a light smile.

"You're welcome, Chen Sheng." Shen Bi's expression didn't change at all, as if he had just negotiated a good deal with Chen Zhiwen.

After returning to his car, Diss opened the partition between the driver and the back seat, and Shen Bi said slowly, "Will there be ghosts inside HSBC?"

"It's very possible, not to mention Chen Zhiwen, but other people. As long as they are willing to spend money, there are a few people who will not be bought." Diss thought for a while and said: "However, those who know that we intend to acquire Haifeng Bank are all It is unlikely that the senior staff of HSBC will take this risk just for money. I think it may be other people. Although many people do not know our precise intentions, from our whereabouts and some information submitted to the Federal Reserve, it is a bit Smart people can guess that we want to buy a bank in the United States, and if Chen Zhiwen follows this investigation, he will also be able to find Haifeng Bank."

"It makes sense for you to think so." Shen Bi nodded and said, "But if this is the case, it will be very difficult for us to find out who this person is. There are too many people who know our whereabouts and the information we have submitted."

"I know people from the Independent Commission Against Corruption, how about asking them to help?" Diss thought for a while and said, they are good at investing, but not good at finding insiders.

"Okay, this person must be caught. If it's not possible, let's reveal some fake news and see what reaction there will be." Shen Bi said.

"Okay, but how should we explain to HK Electric and Jardine now?" Diess asked.

"Let me talk to them personally." Shen Bi said after thinking for a moment.

After returning to HSBC, Shen Bi immediately contacted Jardine Matheson and HK Electric, and the heads of the two parties rushed to the headquarters of HSBC in the afternoon. Seeing Shen Bi and Diss, who were not looking very good, Connor asked: "Shen Bi, what's wrong?"

"You two, the situation has changed now, and HSBC can no longer support you two." Shen Bi said straightforwardly without going around in circles.

"Why?" Niu Bijian's complexion changed drastically, and he asked, the last time Wharf, Shen Bi didn't give up until the shareholders meeting voted to show that the general situation was over. This time, although it was also difficult, it only relied on 35% of the acquisition to trigger the offer regulations. It's been a long time since I can deal with Chen Zhiwen. It makes no sense for HSBC to give up at this time.

Shen Bi paused and said: "In Chen Zhiwen's hands, there is something that will affect the future fate of HSBC. I have to give in."

"What is so important?" Niu Bijian asked curiously.

"Sorry, it's inconvenient to disclose." Shen Bi shook his head and said.

"Shen Bi, if you give up at this time, it will be tantamount to giving up Hongkong Electric. You have to think about it carefully." Niu Bijian frowned and said, without the financial support of HSBC, it would be impossible for Jardine to use its own funds to fight with Chen Zhiwen Yes, even if it wins in such an outcome, all other businesses of Jardine Land will be seriously affected. No matter how tempting HK Electric is, it has to give up.

"Yes, Shen Bi, once we give up, HK Electric's stock price will drop immediately, and Chen Zhiwen will definitely get 34.9% of the shares. In addition, the three of us will withdraw our previous promises, which will make all shareholders lose confidence in me. Shareholders We have no chance at all if we vote at the General Assembly." Connor also said.

"It is an ironclad fact that I quit HSBC, and it is impossible to change. Connor, as a friend, my suggestion is to give up. If Chen Zhiwen does not move the management of HK Electric, then you can do your job normally and don't worry about it." What a crooked mind, the reason why the Hutchison executives were purged on a large scale was because many British managers still wanted to prevent the Chinese from controlling the company. Chen Zhiwen is definitely not aiming for Hong Kong, and his future will definitely go international. , the British can also use it. And if Chen Zhiwen is unwilling to use your team again, I can promise you that HSBC will provide you with a very good job, or if you don’t like the bank, I will let you find it for you For the right company, even if you want to go back to the UK, I can help a little." Shen Bi looked at Connor and said.

What happened to this matter is also HSBC’s fault. The agreed alliance suddenly changed hands and quit. Not to mention other commitments, but some jobs can still be provided, not only because he and Connor have been friends for more than ten years. More importantly, this incident will have a serious blow to HSBC's prestige in Hong Kong. It is better to make up for it.

"Then what should I do when I buy the land? I have already invested tens of millions in the acquisition of HK Electric's shares, and Haikou has boasted about it. The Keswick family will definitely use this matter to trouble me." Niu Bijian said blackly said the face.

"These losses are nothing to Landmark. If there are any other real estate projects in the future, I can give you a loan at a discounted price. As for the Keswick family, I will stand up for you, and this in itself is my responsibility at HSBC. .” Shen Bi also said responsibly.

"Since you've said that, that's the only way to do it, but in this way, Chen Zhiwen won us again, in the future, I think it's better not to humiliate yourself." After Niu Bijian finished speaking, he shook his head. Did not return to leave.

Shen Bi didn't care about Niu Bijian, and said to Connor: "Before HSBC announced it, I think it's better for you to meet with Chen Zhiwen. Although he is relatively strong in the market, he is still very good. Yes, talk about it, as long as it can reflect your value, I don't think he will do anything to you?"

"Okay, I'll try it." Connor nodded. Although he was also very unhappy, HSBC had given up, and HK Electric must be powerless.

The next day, Connor came to the headquarters of the Star River Building in Admiralty:

"Hello, Chen Sheng." Connor was very polite when he met Chen Zhiwen, who was younger than he imagined. Although Hong Kong Electric's market value is several billion Hong Kong dollars, that is still the market value, and its own funds are generally only a few hundred million. In the face of the multi-billion Hong Kong dollar acquisitions by Chinese-funded giants, without the help of other capital, there is no hope. No matter how the Hong Kong government amends the law to protect British capital, it is useless if you have no strength.

"Sit down, Mr. Connor." Chen Zhiwen greeted with a smile.

"Thank you!" Connor replied politely, and said directly: "Chen Sheng, Hongkong Electric has been operating independently for these years, and its profits are increasing every year. If Chen Sheng just wants to invest, I welcome it very much, but if If Chen Sheng wants to manage it himself, I am worried that because he is not familiar with the business, it may damage the interests of the company's shareholders."

Chen Zhiwen said with a light smile: "The main business of Hong Kong Electric is power generation, which I am not familiar with at present, so even if I take over Hong Kong Electric, I will not change people at will. You can rest assured about this, but Hong Kong Electric It is a very serious waste that so many high-quality lands have been vacant and not developed these years, so I will arrange Galaxy Real Estate to cooperate with Hong Kong Electric to develop these lands together, just like the cooperation model you planned with Li Jiacheng before. .”

"Of course it's no problem. It's good for everyone to develop the land owned by Hong Kong Electric." Connor nodded and said. Hong Kong Electric originally planned to develop these lands together with Huazi Real Estate Company, although Li Jiacheng's ability seems to be stronger A little bit, but now we are cooperating with our own company, which may be more convenient in many ways.

"If this is the case, after HSBC and Jardine Matheson announce that they will give up intervening in the acquisition of HK Electric, I will also stop the acquisition. It just so happens that the general meeting of shareholders is about to be held. At that time, I can directly make an investment in HK Electric for targeted growth. increase the shares held by Galaxy Group to 34.9%, so that the funds can also enter HK Electric’s account.” Chen Zhiwen went on to say that the advantage of private placement is that the funds can be used for the company’s development, which is compared with the Outside acquisitions will only make other shareholders and even some speculators cheaper.

"Okay, no problem, I'll arrange it." Connor nodded. A private placement is unacceptable to many shareholders, because it will reduce their shareholding ratio. However, HK Electric has no major shareholders, and their management does not care about the ratio, as long as they can keep their current positions.

"In addition, for me, it is a pity that Hong Kong Electric only develops in Hong Kong. No matter how good the economic future of Hong Kong is, it is still a city. So what I hope is to expand the business of power generation, such as the northern mainland." Chen Zhiwen said again.

"Chen Sheng, there is indeed a huge demand for electricity in the mainland, but there is a strict foreign exchange control system there. If we earn renminbi over there, it may be difficult to convert it into Hong Kong dollars, right?" Connor said worriedly.

"Don't worry about it. The mainland is willing to let foreign capital invest in power generation. There are only a few port cities that have just opened up. These cities are relatively better, and they want to attract foreign capital to power generation, mainly for exports. The industrial park provides power, and these can also earn foreign exchange, and we can share part of it." Chen Zhiwen said.

As the time came to 1980, many Hong Kong capitals had begun to relocate factories to the mainland, especially in Shenhai City. They even learned real estate development together. The presence of a large number of factories will naturally lead to an increase in the demand for infrastructure, water and water. The road is easy to talk about, and it can be dealt with almost, but the electricity is not good, and the industrial electricity cannot be like the civilian electricity, which has a high demand for electricity.

The current economic situation in the country is no longer able to build large-scale power plants in several special economic zone cities. Therefore, various cities also plan to introduce a large number of power generation companies from overseas for cooperation. The electricity generated is finally used by the factory, and then foreign exchange is earned, and the price of this power generation can also be traded in foreign exchange.

"Okay, if that's the case, there shouldn't be any problem." Connor nodded and said, "After the shareholders' meeting, I'll send someone to visit some domestic cities."

"OK, let's discuss the details after the shareholders' meeting." Chen Zhiwen nodded and said.

On March 1, 1980, Hongkong Land Group suddenly announced that it would abandon the relevant cooperation plan with HK Electric, while HSBC was a little smarter, saying that HK Electric is still an important partner of HSBC, and no matter what the future holds, it will maintain a long-term cooperative relationship.

As soon as the news came out, the market was shocked. It was clear that HSBC and Jardine had conceded defeat before the war started. Affected by this, the share price of HK Electric plummeted by 28%, and the stock price also fell by HK$5 per share.

On March 5th, HK Electric’s general meeting of shareholders was officially held. The original purpose of the meeting was to discuss whether to allow HK Electric to carry out a private equity increase in Hong Kong. However, Hongkong Electric has now given up. belonged.

Therefore, at the voting meeting that afternoon, Galaxy Group won more than 70% of the votes and became the management right holder of Hong Kong Electric Group, and Galaxy Group will once again inject HK$160 million into Hong Kong Electric, The stake was raised to 34.99%.

However, at the meeting, Xu Jinhong, the person in charge of Galaxy Group, also made it clear that Galaxy Group will not interfere with Hong Kong Electric Group's business in Hong Kong. Inject funds to prepare for HK Electric's overseas business development.

The smooth progress of the general meeting of shareholders marks that another top ten British-funded company in Hong Kong has fallen into the hands of Chinese capital. The Chinese-language media in Hong Kong once again described this commercial merger as a "big victory", not only because of the acquisition Hong Kong Electric also repelled Hong Kong Land and HSBC who wanted to intervene halfway.

On March 7, Chen Zhiwen and President Liang of Xinhua News Agency went to the headquarters of Hong Kong Electric Group in North Point. Then the next day, Hong Kong Electric Group announced that it would discuss with the Eastern Guangdong Province in China about the project plan to invest in large-scale thermal power plants in the Mainland. Affected by this, HK Electric's share price rose again by 10%.

On March 10th, Bao Yugang arrived at the Presidential Suite of the Hilton Hotel and asked impatiently, "Sheng Chen, how did you get HSBC to quit?"

"Actually, it's nothing. HSBC wants to acquire a bank in the United States, and I arranged for someone to take over this bank first." Chen Zhiwen said with a smile. In fact, this matter will soon be hidden, and it's okay to tell Bao Yugang.

"Bank of America?" Bao Yugang asked, "HSBC values ​​this Bank of America so much?"

"Yes, domestic relations with Europe and the United States are now good, and with the lease issue, the entire management of HSBC is no longer at ease in Hong Kong, so they want to move the company away. In the era of Sanders, they wanted to move to the UK. However, the aristocratic banks in the UK look down on HSBC, so now they are looking at the United States again. I found this matter by chance, so I cut it off first. This matter is related to HSBC’s 100-year plan. Ten HK Electrics are not as important as this, of course Shen Bi has to give up." Chen Zhiwen said with a smile.

"I admire it, Mr. Chen. It seems that you were ready to buy Hong Kong Electric back then." Bao Yugang couldn't help but sighed. As for whether he discovered HSBC's plan by accident, no one would believe it. HSBC has been in Hong Kong for so many years. So many business giants in Hong Kong have not found it.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like